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clock Created with Sketch. 13/02/17
23:58
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Originally posted by Beton2
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In theory it should be a winner. However LIT taking over LPD reeks. It reeks of deception. Why is there no current test results for SL? Why is there no response to LPD counterclaim due 23 Dec? Why a TO now before the trial? Why if SL is so good do they need LMax. LIT does not need to pay $24M for the projects we have (there is many good ones in the market place now for next to nothing). This "better combined company" is more like big bully LIT pulling the rug out of LPD so that they (LIT) can have a soft landing. LIT has to clarify its position with its potential clients. The potential clients have asked LIT to verify that they have no issues with licenses, with patent breaches and performance of SL. These are proving to be hard to clarify beyond doubt. Hence the easiest way out is to do the TO. This is a totally different reason for the TO than in the notice. So if someone is being deceptive now, are they going to do so in the future?
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LPD should think about joining forces with LRS . Together they will be bigger and less of a target from flea bag operators .They will need L max for the 100k Ha land holdings in the Lithium triangle . I think a lot of SH carry both already . Latin Platypus Diggers .
(20min delay)